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Business for Sale Summary

Established Laundromat for sale in Brooklyn - 34769

Business Type: misc. service/non-classifiable,other personal services,laundromats
Established Laundromat for sale in Brooklyn
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Financial Information (non-confidential)

General Information
Asking Price $160,000 Down Payment $160,000
Gross Revenues $208,000 Lease Remaining Register Free to View
Owner’s Cash Flow $96,000 Number of FT Employees Register Free to View


$160,000 Down and

Business Description

This well run laundromat has just become available for purchase in Kings County, NY. This business has been in this location for over 30 years, with the current owners having been the owners for the last 8 years. This is located in a densely populated area of New York and the customers are all friendly. The high population in the area keeps the business steady, allowing their sales to be over $200,000. Of the 22 dryers, 16 are brand new ( 2 years) the remaining washers are more than ten years old. Because of the pandemic, demand for drop off service has decline , wash and fold has decline.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.